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These cheapies are going to be worth a lot in the future!! Load and hold!!
Amen! There's a lot still in the pipeline!
At least we paid off these loans!
For the three months ended May 31, 2014, net cash flows provided from financing activities of $1.0 million related principally from at-the-market issuances of 377,400 of our common shares sold on NASDAQ for gross proceeds of $1,627,659 and net proceeds to us of $1,582,898, partially offset by the repayment of the entire outstanding related party loan principal to Dr. Isa Odidi and Dr. Amina Odidi, our principal stockholders, directors and executive officers, in the amount of $0.7 million (C$0.8 million)
Proxy Statement - Merger or Acquistion (preliminary) (prem14a)
SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934
(Amendment No. ___)
Filed by the Registrant
?
Filed by a party other than the Registrant
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Check the appropriate box:
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Preliminary Proxy Statement
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Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
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Definitive Proxy Statement
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Definitive Additional Materials
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Soliciting Material Under Rule 14(a)(12)
Armco Metals Holdings, Inc.
(Name of Registrant as Specified in Its Charter)
Not Applicable
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):
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No fee required.
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Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11.
1.
Title of each class of securities to which transaction applies:
Common stock
2.
Aggregate number of securities to which transaction applies:
12,750,000 shares
3.
Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):
$2.45 per share. Solely for the purpose of calculating the filing fee, the per unit price is equal to the average and low prices of the common stock of Armco Metal Holdings, Inc. on June 17, 2014 on a post-split basis
4.
Proposed maximum aggregate value of the transaction:
$38,587,500
5.
Total fee paid:
$4,970.07
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Fee paid previously with preliminary materials.
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Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.
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Date Filed:
NOTICE OF 2014 ANNUAL MEETING OF STOCKHOLDERS
____________________
TO BE HELD ON [?], 2014
We will hold the 2014 Annual Meeting of Stockholders of Armco Metals Holdings, Inc. at the Company’s office located at One Waters Park Drive, Suite 98, San Mateo, CA 94403 on ______, 2014 at _________ local time. At the annual meeting you will be asked to vote on the following matters:
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the election of five directors,
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the ratification of the appointment of MaloneBailey , LLP as our independent registered public accounting firm,
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the approval of the issuance of securities in connection with the acquisition of Draco Resources, Inc.,
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the approval of the third amendment to our Amended and Restated 2009 Stock Incentive Plan to increase the number of shares of our common stock authorized for issuance under the plan; and
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any other business as may properly come before the meeting.
The Board of Directors has fixed the close of business on [?] , 2014 as the Record Date for determining the stockholders that are entitled to notice of and to vote at the 2014 Annual Meeting and any adjournments thereof.
All stockholders are invited to attend the annual meeting in person. Your vote is important regardless of the number of shares you own. Please vote your shares by proxy over the Internet by following the instructions provided in the Notice of Internet Availability of Proxy Materials, or, if you request printed copies of the proxy materials by mail, you can also vote by mail, by telephone or by facsimile.
By Order of the Board of Directors
/s/ Kexuan Yao
San Mateo, CA Kexuan Yao
[?] , 2014 Chairman and Chief Executive Officer
Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting to be Held on [?] , 2014 : This proxy statement, along with our Annual Report on Form 10-K for the year ended December 31, 2013, are available free of charge on our website www.armcometals.com .
I'm ready to rock!! Something is coming!!
Sounds good Money!! Get your cheapies while they last folks!!
Hmmmm... Someone loading up?
TRL has went up over 100% since fda approval in May! Could happen here!!
Last November iPCI went up 191% in just a couple days after fda approval--could happen here too!
I'm locked and loaded!!
Glad I got me some 16s go Legends! Make this a legendary stock!!!
Lookin good!!
Cool thanks!
It is Real People never before have I seen a company so beaten down with such an incredible product. It was pure mayhem at Verizon booth. You had to stand in line to get to speak to a Verizon rep. They did not even market any Verizon product just StudentConnect. I met Kay, yes I met the infamous Kay. Guys with all due respect this is a true CEO. The passion with which he spoke about the a business StudentConnect and Vir2o is incredible.
LET ME SAY THIS
There is nothing you can say to shake this guy. "People will still be thinking sub penny when we become a $100ml company" - Kay
Based on what I saw today it is already a $100ml company. I also spoke to a Verizon Rep. Steven. "Even we were impressed with the brilliant idea for this product it is unbelievable"
Can someone tell me how to,post pics you will be impressedI saw the product I understand now the difference between SC and everything else on the market. It is the wireless communication between GPS and RFID the quick transmission of event about the student. I will share more
Did you post that? Thats awesome! Lol!
Have you been playing leapfrog with the mm's again money?? Lol!!! Go AASP!!!
Got my tickets to penny town!!!
I'm holding--waiting for the pyrotechnics!!!
Another great day in AMCO land??!!
Cool, wish I had some powder, but most my positions have been in the tank since April. Congrats on the cheapies! We should be really happy in a month or two!!!
I'm really liking this stock! I think we could be back over $3 this year!!
Do you think there is any hope tomorrow for fogc? I'm down and bumed
I want my divis!!!! What a stinky pinky!!!!
Incredible dd guys I think we are going to rock!!!
We're goin up!!!
Nice pump today!!!
Sounds great to me!!!
I agree with you the old Dow!!
Re: MISNJEF Post# 37148
10 will be my min selling... But with update and the weed news i may hold 10-20 million.. Weed news is def coming imho
Re: MISNJEF Post# 37148
10 will be my min selling... But with update and the weed news i may hold 10-20 million.. Weed news is def coming imho
I agree!!!
Friday the 13th may be our day!!
Iowa medical MJ approval today:
http://m.kwwl.com/w/news/story/115774516/
Brian Levine (@BrianLevineGCE)
5/29/14, 5:22 PM
Just finished 2 interviews, Financial Post & Recycling Today. Both intrigued with our W2F and PGM strategy, timing & financial IRR
I knew those cheapies on ask wouldn't last long. Go AASP!!!
Cool thanks!!
Looks like someone bought 2 shares for a penny, plus commission of course. Someone knows something!!! Lol!!!
I think June could be a wonderful month here! Load everything you can under $4 IMO!!!
Woohoo!!! Global Clean Energy to Develop PGM Recovery Facility Through a Planned Acquisition
Global Clean Energy to Develop PGM Recovery Facility Through a Planned Acquisition
HOUSTON, TX--(Marketwired - May 29, 2014) - Global Clean Energy, Inc. (OTC-PINK: GCEI) is in the final stages of its due diligence subsequent to an executed agreement to acquire a nonferrous scrap metal and catalytic recycling company in the US.
The company which will be majority owned by GCE, will focus on becoming a major aggregator of spent catalytic converters from end of life vehicles, which are rich in Platinum Group Precious Metals (Platinum, Palladium and Rhodium). PGM from used auto catalysts can be highly and efficiently recovered through a state of the art smelting process. Concurrent with the acquisition, GCE will be purchasing smelting technology to operate the recovery process.
Auto catalysts, which reduce toxic emissions in automobiles, use substantial amounts of platinum and palladium and are the largest source of demand for PGM followed by the jewelry industry and industrial applications. The auto catalyst canisters are fitted in more than 95 percent of new passenger cars worldwide. PGM has increased in price steadily over the last 20 years.
"We're not alone in this industry and for good reason," says Brian Levine GCE's COO. "PGM are essential industrial precious metals with world demand growing to the point that you'll need a telescope to see how high the price of Platinum will go, according to industry experts." The demand from Asia, as they tackle their air pollution crisis, is expected to drive prices to all time highs, further accelerating demand for PGM recovery processes which GCE will build, own and operate. Platinum will gain 13 percent to average $1,635 an ounce by the fourth quarter of 2014, according to the mean of eight estimates by the most-accurate analysts tracked by Bloomberg in the past two years. Palladium will gain 10 percent during the same time period to average $823 an ounce, the most for a quarter since 2001.
Through its acquisition, GCE will operate a vertically integrated PGM recovery facility and be able to compete favorably in this market. The companies will be in attendance at the industries global gathering at the IPMI trade show in Orlando Florida next month.
About Global Clean Energy, Inc.
Global Clean Energy, Inc. is a waste-to-energy conversion solutions company, focusing on using available and developing technologies to convert waste into commercially viable energy, a process the company refers to as Reforming Environmental Salvage into Clean Usable Energy (R.E.S.C.U.E.). GCE is the industry's most diversified aggregator and system integrator bringing solutions to the plastics, rubber, anaerobic digestion and platinum group metals recovery industries. GCE focuses on existing technologies with a track record to provide its feedstock network with reliable solutions.
Statements in this release may be regarded, in certain instances, as "forward-looking statements" pursuant to certain sections of the Securities Act 1933 and the Securities Exchange Act 1934, respectively. "Forward-looking statements" are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting Global Clean Energy Inc. and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein. Global Clean Energy Inc. will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.
GLOBAL CLEAN ENERGY, INC.
Investor Relations
713-852-7474
www.globalcleanenergy.net
Ditto! Its the bees knees!